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MUSTANG STATE UNIT

Operated by 1920 ENERGY, LLC (P-5 194397) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 287250District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.2 M
Mar 2019 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition94,731 bbl$6,649,423
GasProduction1,668,183 Mcf$6,579,593
Total$13,229,015

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.7004, -104.1321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70036, -104.13209 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,063 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,063 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-1093343521H9,063 ftAug 2019——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (87)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

87 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20265063.503.75$318
Jan 202614059.138.00$828
Dec 202528056.664.41$1,586
Nov 2025371,95458.593.93$9,840
Oct 20252487,99059.383.30$41,132
Sep 20252596,50662.743.08$36,268
Aug 20251254,95663.933.01$22,932
Jul 2025884,71566.743.32$21,504
Jun 2025723,45966.483.13$15,609
May 2025263,28560.553.23$12,192
Apr 202552262.363.54$390
Mar 20252561167.704.27$4,300
Feb 2025632,82670.884.34$16,733
Jan 20252899,07174.324.28$60,290
Dec 202474119,49868.993.12$111,982
Nov 202467621,25769.052.20$93,410
Oct 202460322,69171.372.28$94,803
Sep 202467625,98869.612.36$108,501
Aug 202465324,91975.632.06$100,810
Jul 202462919,19679.932.15$91,482
Jun 20241455,81478.082.63$26,636
May 202426415,02378.812.20$53,833
Apr 202422411,80584.451.66$38,504
Mar 2024471,06280.301.55$5,415
Feb 202448214,67476.091.78$62,849
Jan 20241,11132,50773.023.30$188,322
Dec 20231,42236,87971.262.61$197,612
Nov 20231,30136,05877.892.81$202,570
Oct 20231,10833,43085.443.09$197,875
Sep 202326913,73489.042.74$61,515
Aug 20235446880.522.67$5,599
Jul 20231818,08074.852.64$34,894
Jun 202339414,89268.962.26$60,804
May 20231,10918,12970.622.23$118,698
Apr 202385025,03878.122.24$122,431
Mar 20231,08529,32472.852.39$149,219
Feb 20231,09329,59275.112.47$155,060
Jan 20231,47135,49776.533.39$232,830
Dec 20221,76636,99076.415.73$346,859
Nov 20222,03938,72685.005.65$391,970
Oct 20222,26944,29587.185.86$457,547
Sep 20222,43841,84784.888.16$548,563
Aug 20222,59748,89094.529.13$691,695
Jul 20223,39855,694101.587.54$765,217
Jun 20223,95157,743115.097.98$915,348
May 20222,18528,152109.378.43$476,380
Apr 202294222,944104.226.84$255,057
Mar 20222,27237,608108.885.08$438,289
Feb 202283927,32491.054.86$209,154
Jan 20221,26020,43881.844.54$195,860
Dec 20211,79726,97071.323.90$233,321
Nov 20211,81427,78077.435.24$285,938
Oct 20214,23948,67679.795.71$616,358
Sep 20211,88430,11269.865.35$292,743
Aug 202157612,29166.024.22$89,903
Jul 202114510,03970.783.98$50,239
Jun 202136211,26169.493.38$63,225
May 20217513,80663.483.02$46,423
Apr 2021157,32560.362.76$21,111
Mar 2021163,75861.302.72$11,191
Feb 20212372,76657.805.55$29,044
Jan 20217210,19650.412.81$32,283
Dec 202002,34344.642.68$6,269
Nov 20209994538.772.71$6,396
Oct 20201784,15736.972.48$16,883
Sep 20206579,84637.091.99$43,972
Aug 202096711,48239.982.39$66,046
Jul 20202,85129,48138.371.83$163,199
Jun 202092514,10934.901.69$56,131
May 20208016,67116.921.81$25,659
Apr 20201,02918,17714.751.80$47,976
Mar 20202,51730,60130.341.86$133,168
Feb 20202,94132,91349.881.98$211,887
Jan 20204,70254,93557.252.09$384,264
Dec 20195,55655,29659.012.30$455,281
Nov 20195,67859,62955.302.75$478,015
Oct 20194,62451,35153.472.42$371,440
Sep 20195,42052,78055.052.66$438,622
Aug 201972626,88653.112.30$100,513
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $ 63.50 =       $318
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $318

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/287250 is the state's own key, not one this site invented.